Do their own thing. The s p 500 up 0. 1 , the dow up 0. 2 , and the nasdaq down more than 0. 1 . Its high. Ff a little strengthening, and we now. T 7. 1612 spread atnbund 1. 86 . We will be speaking to the European Commission budget commissioner a little later on in the later of in the 11 00 hour. We will definitely be i had be asking about the euro stimulus. Matt the equity indexes continuing to rally is really the story here. They are doing much better across the continent and in the u. S. We are still looking at 1 plus gains on the broader benchmark stoxx 600 index. We have a more than 1 gain on the cac 40. And thes injects stimulus injection each day, the storyline the first day with airlines. Then was autos. Then it was the rescue plan. Now we are seeing the luxury goods makers doing well. 3 ,methods up more than carrying up to. 3 . Investorscally like think people are going to go shopping organ shopping again, or continue to go shopping. The euro gaining a bit of ground, over 1.
Investors weighing a reaction that could further destabilize the Global Economy. President down to asias major market opens. These are our top stories trumpe for social media after his tweets are fact checked he says twitter and others are trying to silence conservative voices. Breaking news out of south korea. We are getting the Industrial Production numbers for the month of april and we are seeing a huge contraction month on month, a plunge of 6 . The expectation was for a decline of about half of that and this of course also is after gains in the previous month. Year on year, it is a contraction of 4. 5 percent. Again, really a much bigger contraction than expected. Hearing year, we are talking about the biggest contraction since the financial crisis. We have not seen such a big decline since 2009. In the month of april, and south korea, we have continued to see the restrictions over the coronavirus pandemic. Already, we are seeing a second wave of infections in south korea and talk
Also charging the 3 other officers involved with aiding and abetting now ex officer derek shogun is currently in Police Custody his 1st Court Hearing is scheduled for next week on june 8th and while we await more details on the charges of the other officers a group of student led protests in this galvanized environment were able to organize massive support for a demonstrations in the States Capital now the High School Youth hoped to bring in a few 100 demonstrators to the state capital but were pleasantly surprised after more than some 12000 people expressed interest so as these developments continue to change in Minnesota Well turn to ashley banks with reaction on the ground. Benjamin crump lead attorney for the family of george the way you spoke at the location to work florida under his last words i cant breathe as former officer derrick show been suffocated him by placing his knee on his back and neck chris. Says all 3 officers were accomplices to murder saying we must have equal ju
George floyd and also charging the 3 other officers involved with aiding and abetting chauvin is currently in Police Custody and now were learning at least one of the other officers and for reaction on the ground in minneapolis we will turn to ashley banks and wed like to warn you some of the footage youre about to see is extremely graphic. Example lead attorney for the family of George Clooney and spoke at the location the little florida under his last words i cant breathe as our officer derek shouldve been suffocated him by placing his knee on his back and neck cramps as all 3 officers were accomplices to murder saying quote we must have equal justice for the United States of america and change is going to come and i proclaim with his son as my witness that change starts today ive been here for 5 days and everyone ive spoken with in this city demand these officers be charged and if they arent demonstrators say a great big. Day for the city of minneapolis when i see people arguing abo
The Libyan Government in tripoli say theyve seized control of a major air base for more north. And india extends its coronavirus uptown for a 4th time bringing even more misery to Migrant Workers trying to head home. Now the country aware the deadly coronavirus faster matched is defending its handling of the pandemic chinas president says beijing supports an inquiry but only once the virus is brought under control at the World Health Organizations annual meeting she didnt bring also pledged money to help the covert 1000 response. China will provide 2000000000. 00 over 2 years to help with the global covert 19 response and to help with economic and social development in developing countries china will also work with the un to set up a global humanitarian response to quote and hub in china. Well we have mike hanna standing by for us with all the latest reaction from the white house but fast lets go to a sandbag hes in london and said weve been seeing this fairly consistent call for an in